TSXV:CAV.H - Post by User
Post by
member321on Apr 21, 2011 10:41am
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Post# 18468962
Short Interest
Short InterestShort interest increased 245,923 shares from 232,598 as of 1 April to 478,521 as of 18 April.
Bets against Baj increased but are not too heavy given the daily voloume trade.
Here is the report:
https://www.dailyfinance.com/company/baja-mining-corp/baj/tor/short-interest
It is likely this selling of borrowed shares took place from 11 to 18 April. When you look at the price chart that is when there was a pull back in the share price. Here is the chart:
https://stockcharts.com/freecharts/gallery.html?baj.to
The daily trading action since 18 April suggest that short selling is continuing. If buying interest is declining as indicated by Peterstock in the previous post then we can expect further pull back in the price. We will have to wait for the next report to see for sure.